Gov't Housing with a twist?

[greencharlie]

How could the Federal Gov't help with housing?

Use the power of economy of scale...

WHAT IF a non-profit Gov't organization contracted with a builder(s) to lay down huge tracts of houses? And the resulting price might be... $40,000 for a single family home? Have these communities connected into the nearest big city with public transportation and give incentives for malls, stores and shopping to set up shop.

I REFUSE to believe that if you have 10 BILLION in the bank, cash... you can't contract someone correctly to build affordable housing. If you go into Home Depot to buy a Moen faucet it's $75... now go to the factory that makes them for Moen and offer to buy a MILLION faucets... you think they'll be $75? How about $9? I BETCHA' they can build a really nice 4+2, 2000SF house for $40,000 that would allow families to have a home AND have a place for their older retired parents...

And then finance the homes, interest free... 120 months @ $333 per month...

This would help the coming retirement bomb.

What am I missing?